How old is applecoin? Didn't it get released just the other day?
It was released on November 18th. I mined it for a while at release and sold off most of what I made since there's nothing unique whatsoever about the coin. I have literally no idea what in the hell is driving the price to be so high; this coin brings nothing new to the table, has no services around it, nada. It's just yet another altcoin...
People were paying absurdly high amounts for the coins when it first came out (somewhere in the order of .05-.1 BTC per 24hrs of mining with a 7970) and now they're selling for even more ludicrous prices. If anyone has any clue as to what in the hell this coin has that makes it so special and worth anything other than satoshi dust, please enlighten me.
Not that I really care if it's innovative, I guess. As long as there are idiots to buy the coins I'll keep mining them.